SOLD
11A George Street, Riccarton
Entry level six bedroom investment
Price by negotiation
Introducing a true cash cow opportunity that demands your attention. This property, a veritable goldmine, presents an extraordinary chance to generate substantial rental income effortlessly. With its six bedrooms and one bathroom, two toilet configuration, this gem is primed to become a lucrative source of revenue. Its low-maintenance design ensures that your investment yields maximum returns with minimal effort. Don’t delay – seize this exceptional cash cow investment now and unlock the door to a future brimming with financial success.
Featuring
- Six Bedrooms
- One Bathroom (two toilets)
- One Living
- Rental appraisals showing up to $1,020 per week potential
- 225m2 of TC2 freehold land
- Double garaging, perfect for tenants parking or storage needs.
- EQC repairs completed
- Close proximity to University of Canterbury, Westfield Mall and local bars, restaurants and entertainment
- 154m2 (more or less)
- Current leased at $870 per week, fixed term until the 16th December 2023
- Vacant possession available
The vendor has decided to get out of the residential investment market, don’t pass up this opportunity to own a slice of residential Riccarton where the future looks secure.
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Our Award Winning Team
Angela Webb
Angela Webb heads up Bayleys Canterbury’s residential investment division and a team of five like-minded sales professionals. With an extensive career in this very specialised sector...
Grace Bruere
As an integral member of Angela Webb’s team, changing people’s lives for the better underscores everything Grace does. She loves nothing more than seeing the joy on her clients’ faces...